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Mortgagor
(redirected from mortgagors)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
Mortgagor
In a mortgage, the party that borrows funds. The mortgagor must repay the amount borrowed to the mortgagee (which is usually a bank).


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Many times these foreclosure proceeding are abused by the mortgagors for their personal gains.
It breaks the population into four groups, splitting it into tenants and three different types of homeowners: outright owners, low LTV mortgagors (people whose mortgage is worth 75% or less of the value of their property) and high LTV mortgagors (people whose mortgage is worth more than 75% of the value of their property).
Today, the Bulletin reports, about 40% of mortgagors said they had more than ?
 
 
 
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